Many of us have heard that it is a "Buyers' Market". Basically, this means that those who are ready and able to buy, are buying at a good time!
Today I checked out the current inventory of homes, in Marion County, that are listed on the Multiple Listing Service (MLS). The MLS showed a large amount of inventory, which is a real plus for those ready to buy a home! The numbers listed were as follows.
Homes "For Sale" - 5,885
Homes "Under Contract" - 520
Home "Sold" in the last month - 224
A large inventory, low home prices, low interest rates, and an $8000 tax credit for those who have not owned their own home in the past three years are all great reasons to take advantage of this "Buyers' Market"!
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